GAINESVILLE, FL 32605 3418 NW 20TH STREET

Under contract-accepting backup offers. Prime redevelopment opportunity in Northwest Gainesville. This corner parcel offers approximately 124 feet of frontage on NW 35th Avenue and 109 feet of frontage on NW 20th Street, providing excellent visibility, multiple access points, and strong curb appeal for a future project. The existing structure is most likely not salvageable; this listing is being marketed for land value only. Based on the lot size and City of Gainesville guidelines, there is potential to split the property into two buildable home sites, subject to city approval. Buyers are responsible for verifying all dimensions, zoning, lot split feasibility, and any applicable utility or impact fees. The property sits within an established neighborhood that has shown strong resale activity for finished homes. In 2024–2025, nearby improved properties have sold in the $170,000 to $205,000 range, demonstrating solid demand for housing in this area. Additionally, two new homes are currently under construction directly to the north, across NW 35th Avenue with NW 20th Street frontage, signaling continued confidence in the location’s long-term potential. Residents of the area benefit from direct access to Gainesville’s RTS bus line, making local transit readily available for easy commuting to employment centers, shopping, dining, schools, and the University of Florida. The property is also within ¼ mile of GreenTree Park, a 28-acre city-owned public park offering baseball fields, playgrounds, and open green space, a valuable amenity for future homeowners. This location combines neighborhood stability, recreational access, transit convenience, and market demand, all key elements for a successful redevelopment or infill construction project. Whether your plan is to develop a single, spacious homesite or to pursue a lot split for two individual residences, this parcel offers a flexible and high-potential opportunity in an appreciating Gainesville market. Bring your vision, confirm your development options with the City of Gainesville, and take advantage of this rare corner lot with proven neighborhood values and new construction momentum already in motion.